Today, the person at the center of today’s privacy/data issues commented with his thoughts and future moves of Facebook.
[Read Zuckerberg’s original post here]
End-to-end encryption and secure data centers are the two most important things touted by Facebook’s CEO.
“In a few years, I expect future versions of Messenger and WhatsApp to become the main ways people communicate on the Facebook network.”
[WhatsApp is the leader in end-to-end encryption and was acquired by Facebook in 2014 for $22 billion total]
[Read more on the conflict between Facebook and WhatsApp after acquisition]
However, there is one big mismatch – users don’t care what technics FB is using; they care if people they don’t know know them well. Essentially, users will still feel their information is sold if they saw tailored ads in WhatsApp. They only care about results. And that’s where Apple’s iMessenger wins. Users don’t know what efforts Apple is making but they don’t see ads.
What’s more…
“Beyond that, significant thought needs to go into all of the services we build on top of that foundation — from how people do payments and financial transactions, to the role of businesses and advertising, to how we can offer a platform for other private services.”
Yes Facebook will do payments and issue blockchain-related or other forms of cryptocurrencies/units.